Sunnova Historical Balance Sheet

NOVA Stock  USD 1.77  0.09  4.84%   
Trend analysis of Sunnova Energy International balance sheet accounts such as Total Current Liabilities of 1.3 B provides information on Sunnova Energy's total assets, liabilities, and equity, which is the actual value of Sunnova Energy Inter to its prevalent stockholders. By breaking down trends over time using Sunnova Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Sunnova Energy Inter latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sunnova Energy Inter is a good buy for the upcoming year.

Sunnova Energy Inventory

92.09 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

About Sunnova Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Sunnova Energy Inter at a specified time, usually calculated after every quarter, six months, or one year. Sunnova Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sunnova Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sunnova currently owns. An asset can also be divided into two categories, current and non-current.

Sunnova Energy Balance Sheet Chart

At present, Sunnova Energy's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 9.1 B, whereas Total Stockholder Equity is forecasted to decline to about 1 B.

Total Assets

Total assets refers to the total amount of Sunnova Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sunnova Energy Inter books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Sunnova Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sunnova Energy International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Sunnova Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Sunnova Energy Inter current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Sunnova Energy's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 9.1 B, whereas Total Stockholder Equity is forecasted to decline to about 1 B.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total5.4B7.5B8.6B9.1B
Total Assets8.3B11.3B13.0B13.7B

Sunnova Energy balance sheet Correlations

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Sunnova Energy Account Relationship Matchups

Sunnova Energy balance sheet Accounts

202020212022202320242025 (projected)
Total Assets3.6B5.5B8.3B11.3B13.0B13.7B
Short Long Term Debt Total2.0B3.3B5.4B7.5B8.6B9.1B
Other Current Liab55.1M108.9M178.0M201.0M231.1M242.7M
Total Current Liabilities210.9M310.9M541.9M1.1B1.3B1.3B
Total Stockholder Equity951.7M1.2B1.3B1.5B1.8B1.0B
Other Liab90.9M148.0M436.0M696.0M800.4M840.5M
Net Tangible Assets645.9M951.7M985.8M1.1B1.3B1.3B
Property Plant And Equipment Net2.3B2.9B3.8B5.7B6.5B6.8B
Current Deferred Revenue3.8M15.3M30.2M50.8M58.4M61.4M
Net Debt1.8B3.0B5.0B7.3B8.4B8.8B
Retained Earnings(531.0M)(459.7M)(364.8M)(228.6M)(205.7M)(216.0M)
Accounts Payable39.9M55.0M116.1M355.8M409.2M429.6M
Cash209.9M243.1M360.3M212.8M244.8M191.5M
Non Current Assets Total3.1B4.9B7.4B10.4B12.0B12.6B
Non Currrent Assets Other807.8M1.8B3.4B541.8M623.1M1.2B
Other Assets484.6M807.8M1.8B3.3B3.8B4.0B
Long Term Debt1.9B3.1B5.2B7.0B8.1B8.5B
Cash And Short Term Investments209.9M243.1M360.3M212.8M244.8M191.5M
Net Receivables34.3M144.0M366.2M485.7M558.6M586.5M
Common Stock Shares Outstanding87.9M110.9M114.5M118.3M136.1M100.3M
Liabilities And Stockholders Equity3.6B5.5B8.3B11.3B13.0B13.7B
Non Current Liabilities Total2.1B3.6B5.9B8.1B9.3B9.8B
Inventory102.6M128.0M152.1M148.6M170.9M92.1M
Other Current Assets109.9M100.7M69.8M89.1M102.5M91.6M
Other Stockholder Equity1.5B1.6B1.6B1.8B2.0B1.4B
Total Liab2.3B3.9B6.4B9.2B10.6B11.1B
Net Invested Capital3.0B4.5B6.7B9.0B10.4B10.9B
Property Plant And Equipment Gross2.3B3.2B4.2B6.2B7.1B7.5B
Short Long Term Debt110.9M129.8M214.4M483.5M556.0M583.8M
Total Current Assets456.7M615.7M948.4M936.2M1.1B1.1B
Non Current Liabilities Other171.4M436.0M712.7M1.1B1.2B1.3B
Net Working Capital245.8M304.8M406.4M(159.0M)(182.9M)(173.8M)
Short Term Debt112.1M131.6M217.7M487.7M560.9M588.9M
Intangible Assets49K190.5M162.5M134.1M154.2M89.3M
Common Stock8K10K11K12K10.8K10.3K
Property Plant Equipment1.7B2.3B2.9B3.7B4.3B2.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunnova Energy. If investors know Sunnova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.38)
Revenue Per Share
6.552
Quarterly Revenue Growth
0.186
Return On Assets
(0.01)
Return On Equity
(0.23)
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.